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Lido

Assessing MakerDAO’s [MKR] health following its displacement by Lido

cryptocurrency January 4, 2023

MakerDAO had a system surplus at press time, indicating that the total debt owed was not more than the value of the collateral in the system Its displacement by Lido might be temporary due to its slipping grip on the ETH staking market Leading decentralized finance protocol (DeFi) MakerDao [MKR] provided users with an overview […]

Largest Ethereum Staking Service, Lido, Launches on L2 Arbitrum and Optimism

cryptocurrency October 7, 2022

Advertisements Lido Finance announced that it is available on Layer-2, and users can bridge their staked Ethereum. Currently, Arbitrum One and Optimism are supported. Lido will also allocate 150,000 LDO tokens in rewards per month across each network. The team wants to encourage the building of liquidity. Lido dominates staking on the Ethereum network, holding […]

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